Archive for November 22nd, 2011

How rent-seeking is present even in selecting World Heritage sites and how does one solve it?

November 22, 2011

Bruno Frey  of University of Zurich (and others) have been doing some interesting research on economics of  World Heritage sites and there are some interesting findings. For instance this paper shows that apart from historical reasons some human factors (frailties rather) are responsbile as well:

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The Neuroeconomics Revolution

November 22, 2011

Robert Shiller writes a short piece on how economics is expected to change as scientists try and map and understand the human brain.

He begins saying for any science to prosper, it is important that new areas are added and linked to it. Linking neural technology to economics or neuroecononmics is one such field:

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Do lessons from Argentina apply to Greece?

November 22, 2011

This is the title of my new paper… Comments are welcome

History of Commercial Bank Architecture Design

November 22, 2011

A superb post by NY Fed’s Liberty Blog. It points to this nice short history of commercial bank architecture design.

Most might ask why is this important? Well it is, because earlier banks were designed and constructed with a solid structure, tall walls etc to give people a feel that bank is secure:

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Some advice for Greg Mankiw to prevent future walkouts

November 22, 2011

One of the most interesting cases emerging from the crisis is the walkout of Harvard students from the world famous EC10 class.

Robin Wells some advice for Mankiw (and other economics instructors) to prevent future wealkouts from happening. As she has been an econ instructor as well she sympathises with Mankiw and says this essay is mainly to tell econ teachers to bring economic classes in touch with reality:

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